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☆ US military Osprey flights paused again amid safety questions
▼ + stars: | 2024-12-09 | by ( Natasha Bertrand | Haley Britzky | ) edition.cnn.com time to read: +3 min

CNN —The US military is again pausing flights of it troubled V-22 Osprey fleet “to determine if any additional safety measures are necessary,” a Navy spokesperson said Monday. “Today, Naval Air Forces directed an operational pause for all U.S. Navy CMV-22B Ospreys following a recommendation from Naval Air Systems Command,” Cmdr. A Marine Corps spokesperson also said Monday that the Marine Corps implemented a 96-hour operational pause “for non-essential flight operations” of their MV-22 Osprey fleet, which started on December 6. The CV-22 Osprey crash, which occurred in late November 2023, resulted in the deaths of all eight airmen on board. In August 2023, three US Marines were killed in an MV-22 crash — the Marine Corps’ Osprey variant — during an exercise in Australia.

Persons: Cmdr, Tim Hawkins, Brian Taylor, ’ decedents Organizations: CNN, Navy, “, Naval Air Forces, U.S . Navy, Naval Air Systems Command, Air Force, Marine Corps, Air Force Special Operations, US, NATO, Marines, Boeing, Bell Textron Inc, Royce, United States Marines Locations: New Mexico, Japan, Australia, California

☆ MrBeast reveals photos of the $14M 'city' he built as part of his Amazon reality show 'Beast Games'
▼ + stars: | 2024-12-09 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +4 min

MrBeast spent $14 million building a "city" for his "Beast Games" show. AdvertisementMrBeast has shared some photos of the "city" he built as part of his upcoming game show, "Beast Games," which he says cost $14 million. A big concrete structure was built for "Beast Games." MrBeast / XIn one X post, Donaldson was asked how he planned to make up the money he spent on "Beast Games." AdvertisementA render of the city built for "Beast Games."

Persons: MrBeast, Jimmy Donaldson, 🥰", cale, ake, aramedics, hough Organizations: Beast Games Locations: rize

☆ Disney Treasure prepares for its maiden voyage amid major cruise expansion
▼ + stars: | 2024-12-09 | by ( Nora Redmond | ) www.businessinsider.com time to read: +2 min

The Disney Treasure embarks on its maiden voyage later this month. Disney plans to double the size of its cruise fleet in the coming years. AdvertisementThe 1,119-foot-long Disney Treasure is set to make its maiden voyage from Port Canaveral, Florida later this month as the entertainment giant embarks on a major expansion of its cruise operations. The Treasure is one of seven new liners Disney plans to launch by 2031, more than doubling its fleet. AdvertisementThe Disney Treasure was christened in New York City in November 2024.

Persons: Thomas Mazloum, Bob Iger, Singer Jordin Sparks, Craig T Fruchtman, Disney, Iger, Donald Trump Organizations: Disney, Street Journal, Disney Destiny, ABC Locations: Port Canaveral , Florida, New York City, Singapore

☆ Hershey stock soars on report of another Mondelez takeover attempt
▼ + stars: | 2024-12-09 | by ( Amelia Lucas | ) www.cnbc.com time to read: +2 min

Shares of Hershey climbed as much as 15% during Monday morning trading after Bloomberg reported that Mondelez is attempting another takeover of the chocolate company. Since its founding in 1894 by Milton Hershey, the company has remained independent, despite takeover attempts and even a strategic review in 2007 by its board. Hershey's dual-class structure gives holders of its Class B common stock, largely held by the Hershey Trust, 10 votes for every share. As a result, the Hershey Trust has "substantial control" over the company's future, according to a research note from J.P. Morgan analyst Ken Goldman published Wednesday. That is what happened in 2002, after the Hershey Trust announced it planned to sell its controlling interest in the company to Wrigley.

Persons: Hershey, Mondelez, Honey, Hershey's, Milton Hershey, Morgan, Ken Goldman, Mars Organizations: Bloomberg, Hershey, Cadbury, Hershey Trust, Wrigley, Orphans, Consumer, &' $ Locations: Mondelez, J.P, Pennsylvania, Dauphin

☆ We compared satellite images of Russia's naval base in Syria before and after Assad's fall. The warships are missing.
▼ + stars: | 2024-12-09 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

Russia's warships are no longer at its base in Tartus, Syria — a critical facility for Moscow. It is unclear if the Russian warships have left for good. AdvertisementOpen-source intelligence accounts highlighted the unusual naval activity on social media, sharing images that suggested the Russian warships were loitering off the coast of Syria. Meanwhile, Moscow uses nearby Khmeimim to shuttle military forces in and out of Africa. Losing both of these facilities would be a major blow to the Russian military.

Persons: Bashar Assad, Syria's, Assad, they're, BlackSky, Alexander Zemlianichenko, It's, they've, Hayat Tahrir, Sham, Al, —, Biden Organizations: Business Insider, Planet Labs PBC, Ukraine, Planet, Planet Labs, BI, Russian, AP, Biden, Lebanese Hezbollah Locations: Tartus, Syria, Moscow, Russian, Russia, Africa, Al Qaeda, Damascus, Iran, Lebanese, Ukraine, Israel

☆ Ukraine's changing up its Black Sea attacks on Russia with drone boats armed with machine guns and flying exploding drones
▼ + stars: | 2024-12-09 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

The naval drones used in these recent engagements were said to have been equipped with new weapons and strike capabilities, highlighting Ukraine's innovation in this space. Ukraine typically loads its naval drones with explosives and drives them directly into targets; they detonate on impact. Докладноhttps://t.co/xGrVFNsBIr pic.twitter.com/WnfNSnYaDl — Військово-Морські Сили ЗС України (@UA_NAVY) December 7, 2024This strategy depicted in the video essentially saw the naval systems converted into drone-carrying motherships. The SBU said that its newly modified Sea Baby drones had been equipped with large-caliber machine guns and automatic target acquisition. Ukraine fields several different variants of its domestically produced naval drones, including the Sea Baby platforms used by the SBU last week.

Persons: ince, Украни вцеадмрал, Олексй Нежпапа Organizations: Russian, Ukrainian Navy, BU, ВМС, ЗС Locations: Ukraine, Moscow, Russian, Crimean, Kyiv

☆ Oppenheimer issues the highest forecast for 2025 on Wall Street
▼ + stars: | 2024-12-09 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +2 min

Oppenheimer initiated the highest 2025 year-end forecast for the S & P 500 among the big names on Wall Street so far. The firm's 7,100 target for the broad market index for 2025 implies 16.7% upside potential from Friday's close at 6,090.27, and 6,200 for the end of this year. Artificial intelligence is a "watershed point" for tech and the economy that could parallel the way cars revolutionized peoples' lives and the economy in the 1920s, Stoltzfus added. He believes all sectors of the market will benefit from the increased productivity from AI advancements. To be sure, while Stoltzfus believes tech will "share center stage" in the year ahead, he advocates for diversification across all market sectors.

Persons: Oppenheimer, John Stoltzfus, Stoltzfus, — CNBC's Michael Bloom

☆ Meet David Sacks, member of the 'PayPal Mafia' and Trump crypto czar
▼ + stars: | 2024-12-09 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +7 min

Sacks will be Trump's crypto and AI czar, boosting Silicon Valley's place in the administration. After graduating from Stanford, Sacks attended law school at the University of Chicago. Now, Sacks is considered a member of the elite "PayPal Mafia," along with Thiel, Elon Musk, and LinkedIn co-founder Reid Hoffman. After leaving PayPal, Sacks pursued a brief stint in Hollywood and produced Thank You for Smoking, a 2005 satirical film that was nominated for a Golden Globe. On December 5, Trump announced that Sacks will serve as his AI and crypto czar, to the delight of some Silicon Valley execs.

Persons: Sacks, he's, Elon Musk, Peter Thiel, David Sacks, Donald Trump's, Thiel, ANDREW CABALLERO, REYNOLDS, I'm, Confinity, Reid Hoffman, Mark Zuckerberg's, Thiel's Palantir, SpaceX, Patrick McMullan, Hillary Clinton, Trump, Sen, Mitt Romney, Robert F, Kennedy Jr, Ron DeSantis, JD Vance, Sack, he'd, Musk, David, White, he'll Organizations: Stanford, PayPal, Venture, Craft Ventures, Stanford University, University of Chicago, PayPal Mafia, McKinsey, Thiel, eBay, LinkedIn, Times, Globe, Microsoft, Mark Zuckerberg's Facebook, Getty, Florida Gov, Trump, San, Republican National Convention, Truth Social, Big Tech, Reuters, White, Bloomberg, Securities and Exchange, Wall Street Locations: South Africa, Cape Town , South Africa, Tennessee, Hollywood, Silicon Valley, America, Valley

☆ European markets set for a flat to lower start to the new trading week
▼ + stars: | 2024-12-09 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

European markets are expected to start the new trading week on a somber note, looking set to open in flat to lower territory Monday. Traders will be assessing geopolitical upheaval in the Middle East after the ousting of Syrian President Bashar al-Assad over the weekend. South Korea's Kospi stock index fell over 2% after President Yoon Suk Yeol survived an impeachment vote over the weekend. The November consumer price index, due out Wednesday, is expected to show a slight uptick in pricing pressures. Economists polled by Dow Jones expect a 0.3% and 2.7% monthly and yearly increase, respectively.

Persons: Germany's DAX, Bashar al, Assad, Yoon Suk Yeol, Dow Jones Organizations: France's CAC, IG, Traders, Nasdaq Locations: Europe, Asia, Pacific

☆ Russia fired 4 times as many drones and missiles at Ukraine in the past 3 months as it did a year earlier: report
▼ + stars: | 2024-12-09 | by ( Hannah Abraham | ) www.businessinsider.com time to read: +2 min

Russia launched more than 6,000 drones and missiles this fall, per The Wall Street Journal. AdvertisementRussia fired four times as many drones and missiles at Ukraine in the past three months compared to the same time a year ago, according to an analysis by The Wall Street Journal. Using data from the Ukrainian Air Force Command, the report said that Russia launched more than 6,000 drones and missiles in the war during September, October, and November. However, Russia has used a variety of tactics to overcome Ukrainian air defenses, including hitting Ukraine with a variety of drones and missiles at the same time. On Sunday, the Ukrainian air force said it shot down 28 out of 74 drones launched by Russia in a night attack targeting Ukraine.

Persons: HUR, George Barros, — they've, Vladimir Putin Organizations: Street Journal, Russia, Wall Street, Ukrainian Air Force Command, Ukraine, Institute for, Sky News Locations: Russia, Ukraine, Ukrainian, Russian, Ukraine's Dnipro

☆ Satellite images show Russia's warships missing from its base in Syria after the Assad regime fell
▼ + stars: | 2024-12-09 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Russia's warships are no longer at its base in Tartus, Syria — a critical facility for Moscow. AdvertisementRussia's warships are missing from its base in Syria a day after rebel forces ousted the country's longtime dictator, Bashar Assad, new satellite imagery obtained by Business Insider shows. It is unclear if the Russian warships have left for good. Open-source intelligence accounts pointed out the unusual naval activity on social media, sharing images that suggested the Russian warships were loitering off the coast of Syria. Losing both of these facilities would be a major blow to the Russian military.

Persons: Bashar Assad, Syria's, they're, Alexander Zemlianichenko, It's, they've, Assad, Hayat Tahrir, Sham, Al, —, Biden Organizations: Business Insider, Planet Labs PBC, Planet, Planet Labs PBC Russia's, AP, Biden, Lebanese Hezbollah Locations: Tartus, Syria, Moscow, Russian, Africa, Al Qaeda, Damascus, Russia, Iran, Lebanese, Ukraine, Israel

☆ Trump's mass deportation plan could threaten workforces in industries from agriculture to health care
▼ + stars: | 2024-12-09 | by ( Kate Rogers | In Katerog | ) www.cnbc.com time to read: +3 min

A labor market boosted by immigration after the Covid pandemic faces a threat from President-elect Donald Trump's plan for mass deportation of undocumented immigrants. Foreign-born workers have been taking open positions in sectors from construction and agriculture to technology and health care, fields where hiring companies have struggled to find domestic labor. Immigrant workers made up 18.6% of the workforce last year, a new record, according to Bureau of Labor Statistics data. The researchers estimated Trump's immigration policy could reduce 2025 GDP growth by 0.1 to 0.4 percentage points, or by $30 billion to $110 billion. "The consequences of a more extreme mass deportation policy would be economically disruptive in unpredictable ways and are not modeled here."

Persons: Donald Trump's, —, Jennie Murray, Trump, Vance, Karoline Leavitt, Leavitt, Wendy Edelberg, Edelberg Organizations: of Labor Statistics, National Immigration, CNBC, Trump, Brookings Institution Locations: U.S

☆ Five global stocks the pros are buying before the start of 2025
▼ + stars: | 2024-12-09 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +6 min

As the year-end nears, CNBC Pro asked three fund managers what global stocks they are buying in the lead-up to 2025, as they attempt to get ahead of the curve. Their average price target is 988.93 Danish krone ($140.10), giving the stock around 25% potential upside. Analysts are divided on the stock, with less than half giving it a buy or overweight rating. The average price target for Rivian is $14.74, according to FactSet data, giving it potential upside of 13.4%. This gives it upside potential of 36.8%.

Persons: —, Michele Schneider, Schneider, injectables, Rivian, Donald Trump, Tariq Dennison, Dennison, Midea, Nestle Dennison, Thea Jamison, Jamison Organizations: CNBC Pro, Novo Nordisk, Gallup, pharma, Nasdaq, Rivian Automotive, Volkswagen, U.S . Department of Energy, Midea, GFM Asset Management, Trump, Shenzhen Stock Exchange, Hong, Nestle, Maggi, Change, Samsung Electronics, KBC, Minh Stock Exchange Locations: Danish, Nasdaq Copenhagen, U.S, Georgia, China, Hong Kong, Swiss, Switzerland, Bac City, Asia, Vietnam

☆ Cramer calls analyst downgrade of AMD 'cogent.' But he's not giving up on the stock
▼ + stars: | 2024-12-09 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +6 min

In 2024, AMD expects to generate more than $5 billion in AI chip sales. Meanwhile, Meta Platforms and Microsoft are newer entrants into the custom AI chip game, but they remain buyers of both AMD and Nvidia processors. However, the firm said those companies' capital expenditure requirements for Nvidia's next-generation AI chip platform Blackwell "could also limit share gain opportunities for AMD." Bottom line We're not dismissing Bank of America's concerns about AMD — Jim even called the note "cogent" — but we're also not spooked. 2 merchant player in the AI chip market behind Nvidia, despite custom chips seeing greater interest at places like Amazon.

Persons: Jim Cramer, Amazon's, Trainium, Trainium2, Jim, we're, FactSet, Lisa Su, Jim Cramer's, Lauren Justice Organizations: Wall, Devices, Bank of America, AMD, Analysts, Intel, Web Services, Apple, Nvidia, Google, Club, Broadcom, Microsoft, Meta, Oracle, " Bank of America, Nvidia's, CNBC, Bloomberg, Getty Locations: AMD's, It's, Las Vegas

☆ China consumer prices climb less than expected as economy slows amid trade war worries
▼ + stars: | 2024-12-09 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +2 min

China's producer price index declined for the 26th month. Producer inflation fell by 2.5% year on year in November, less than the estimated 2.8% decline as per the Reuters poll. The persistent near-zero inflation shows that China is still grappling with sluggish domestic demand and deflation at the wholesale level. Liu said China's producer price index inflation will likely remain negative throughout 2025. China is also due to report its trade data for November on Tuesday, and retail sales figures next Monday.

Persons: Becky Liu, Liu, Goldman Sachs, Fitch, Brian Coulton Organizations: National Bureau of Statistics, Reuters, Standard Chartered Bank, Economic Work Conference, Fitch Locations: China

☆ CD, Checking, and Savings Rates Today: Secure Top Rates
▼ + stars: | 2024-12-09 | by ( Business Insider | ) www.businessinsider.com time to read: +7 min

Featured High Interest Checking Account Offers Compare checking accounts that offer high APYs, rewards on debit card purchases, or both. High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. A checking account is like a hub for your money: If your paycheck is direct deposited, it's typically to a checking account. A savings account often limits the number of monthly transfers, while a checking account doesn't. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.

Persons: APYs, —, Cash, we've Organizations: Federal, Cash Locations: —

☆ I work across time zones at all hours of the night. My life is extremely lonely, but virtual friends have helped.
▼ + stars: | 2024-12-09 | by ( Rebecca Vijay | ) www.businessinsider.com time to read: +6 min

Coming from a carefree youth setting to stepping into the workforce and adjusting to a 9-5 schedule took some time. AdvertisementAs I work mostly with US clients now, I tend to work during the evenings, leading to late nights. Once my kids and my husband are out for their day, I try to get a few hours of sleep. Some feel that the online world where I work is not a "real" job and don't seek to understand it. These women have become friends and helped me feel less alone.

Persons: Rebecca Vijay, I, Grace Creatives, it's, I'm, I've, they've, Lauryn Haas Organizations: Oxford University Press, lhaas Locations: New Delhi

☆ AI's $20 billion air pollution problem
▼ + stars: | 2024-12-09 | by ( Dakin Campbell | Hannah Beckler | ) www.businessinsider.com time to read: +6 min

Advertisement"There is something like this, air pollution, which is affecting people right now," Ren said in an interview. By 2030, they calculated, AI's electricity-related public health costs will top $20 billion. The researchers found those health effects are not contained to the state, as air pollution travels. There is actually cross-state air pollution." "If you look at the sustainability reports from these companies, they mention carbon and water, but they don't mention anything about air pollution," Ren said.

Persons: Shaolei Ren, Adam Wierman —, Ren, it's, Meta Organizations: University of California, California Institute of Technology, UC Riverside, McKinsey & Company, Environmental Protection Agency, Washington D.C, Amazon, Google, Microsoft Locations: California, Virginia, New York, Los Angeles, Riverside, United States, China, Maryland — Montgomery, West Virginia , New York , New Jersey , Pennsylvania, Delaware, Washington, Florida

☆ Photographer Anastasia Samoylova captures Florida’s climate anxiety in new exhibitions at The Met and Saatchi Gallery
▼ + stars: | 2024-12-09 | by ( Leah Dolan | ) edition.cnn.com time to read: +6 min

But it addresses very complicated and divisive subjects,” Samoylova told CNN in a video call from her home in Florida. Samoylova's work fuses pastel pink color palettes with images of displace flora and fauna, shown here in "Pink Sidewalk" (2017). Anastasia SamoylovaCracked bubblegum-colored concrete, flooded swimming pools, uprooted palm trees and displaced alligators paint a new, unnerving picture of the climate crisis. "Crabbing, Georgia" (2018) by Anastasia Samoylova. It’s their native habitat, so we are the ones encroaching, not them.”"Park Avenue, Miami Beach" (2018) by Anastasia Samoylova.

Persons: Anastasia Samoylova, “ Barbie, ”, Greta Gerwig’s, ” Samoylova, Margot Robbie’s, Barbie, I’ve, “, Milton, Samoylova, Miami —, it’s, there’s, Anastasia Samoylova Samoylova, J, you’re Organizations: CNN, Metropolitan Museum of Art, Met Museum, Saatchi, “ Locations: Russian, Florida, New York, London, Hurricane Milton, Miami, Crabbing , Georgia, British

Rice–Eccles Stadium, an outdoor college football venue at the University of Utah in Salt Lake City, stands against a stunning mountain backdrop. The video game industry in Utah has become a powerhouse, growing more than 230% in the last decade and bringing in more than $2.3 billion in revenue last year. One of the key drivers behind the growth is the University of Utah's cutting-edge video game program. Inside a classroom in Salt Lake City, students here are immersed in studying video games — not just playing them, but also creating them, fueling an industry that has deep roots at the campus. In the Princeton Review's 2024 rankings for top game design schools, the University of Utah rose to No.

Persons: Rice –, —, Donald Mustard, Doug Bowser, Nolan Bushnell, Michael Young, America Nolan Bushnell, John Blackburn, Ed Catmull, Walt Disney Animation Studios Richard Evans Pioneer, Young, Pavlo Gonchar Organizations: University of Utah, University of Utah's, Epic Games, Nintendo, America, Atari, CNBC's, WB's Avalanche, Pixar, Walt Disney Animation Studios, Video, Princeton, Avalanche Software, WB, Inc, Getty Locations: Salt Lake City, CNBC's, Utah

‘You’re bound to make mistakes’Former FBI profiler Mary Ellen O’Toole said determining his identity should come soon. “I’m thinking we’re going to know who this is within a matter of a few more days, if that,” O’Toole told CNN. NYPD officials said they believe the suspect left the city on an interstate bus, after video cameras showed him entering the George Washington Bus Terminal on 178th street but not leaving. After inspecting a backpack police sources said may have belonged to the shooter, authorities determined no gun was inside. Surveillance images released by authorities show the suspect riding an electric bike toward Central Park.

Persons: CNN —, Brian Thompson, Mary Ellen O’Toole, “, we’re, ” O’Toole, “ He’s, ”, Peter Young, ” Young, O’Toole, “ It’s, Tommy Hilfiger, Joseph Kenny Organizations: CNN, FBI, Police, Greyhound, George Washington Bus, Starbucks, New York Police Department, Authorities, NYPD, WABC, NYPD . Police Locations: New York City, Midtown Manhattan, Atlanta, Central Park, New

☆ Treasury Department may fine small businesses up to $10,000 if they don't file this new report
▼ + stars: | 2024-12-09 | by ( Greg Iacurci | ) www.cnbc.com time to read: +5 min

Treasury Secretary Janet Yellen following a tour of the Financial Crimes Enforcement Network (FinCEN) in Vienna, Virginia, on Jan. 8, 2024. Many businesses have a Jan. 1, 2025 deadline to submit an initial BOI report. This applies to about 32.6 million businesses, including certain corporations, limited liability companies and others, according to federal estimates. But it seems many business owners either aren't complying with or aware of the requirement, despite outreach efforts. The "vast majority" of businesses hadn't yet filed a report, "meaning millions of small business owners and their employees will become de facto felons come that start of 2025," it said.

Persons: Janet Yellen, Valerie Plesch, Charlie Fitzgerald III, Moisand Fitzgerald Tamayo, FinCEN, Jan, Brian Nelson, Bevan Goldswain, Erica Hanichak Organizations: Bloomberg, Getty, U.S . Treasury Department, Treasury Department, Finance, CNBC, Treasury, Hudson Institute, Corporation Association of America, Department, Financial, Corporate, Coalition Locations: Vienna , Virginia, U.S, Orlando , Florida, R, Arkansas, Texas

Stocks were little changed on Tuesday, as traders digested a year-end rally to record levels while awaiting new U.S. inflation data set for release this week. The S&P 500 rose 0.1%, and the Dow Jones Industrial Average shed 77 points, or about 0.2%. Oracle shares slumped more than 8% after the database software company posted fiscal second quarter results that missed Wall Street's estimates. The S&P 500 and the Nasdaq Composite slid about 0.6%, dropping from recent records as Nvidia shares declined. Economists polled by Dow Jones forecast that headline inflation rose 0.3% in November and 2.7% over the prior 12 months.

Persons: Stocks, CFRA, Sam Stovall, Dow Jones Organizations: New York Stock Exchange, Dow Jones, Nasdaq, Oracle, Nvidia, CNBC, Federal, Dow

☆ Timeline of how rebels toppled Assad’s regime in less than two weeks
▼ + stars: | 2024-12-09 | by ( Antoinette Radford | ) edition.cnn.com time to read: +7 min

Omar Haj Kadour/AFP/Getty ImagesAfter less than two weeks of fighting across Syria’s northwest, rebel groups swiftly seized control of the capital. November 30: Rebels take control of Aleppo cityPosters of former Syrian President Bashar al-Assad were destroyed as rebel forces swept across the country. I swear to God, we are inside Hama city, we are inside Aleppo city,” a fighter cheered as he filmed himself by a local landmark in Hama. Video Ad Feedback Syrian rebels claim control of third city 00:46 - Source: CNNDecember 7: Homs fallsAfter moving south for days, the HTS quickly took control of Homs. Aref Tammawi/AFP/Getty ImagesEarly on Sunday morning, Syrian rebels declared the capital of Damascus “liberated” after entering the city with very little resistance from regime forces.

Persons: Bashar al, “, Assad family’s, Syria's, Assad, Omar Haj Kadour, Abu Mohammad al, Syria’s, ” Jolani, –, Mahmoud Hassano, ”, Ghaith, redeploying ”, Hassan Abdul Ghani, Tahrir, Abu Mohammed al, Aref Tammawi, Jolani, Sam Hariri, Kourdi, Mostafa Salem, Mohammad Tawfeeq Organizations: CNN, Getty, Rebels, Reuters, Flames, Syria's, Ministry, AFP Locations: Damascus, AFP, Syria’s, Russia, Umayyad, Hayat Tahrir, Syrian, Aleppo, Urm, Hama, Syria, ”, Homs, Daraa, Quneitra, Suwayda, Col, Aref, Moscow

☆ From Trump and Turkey, to Russia and Iran — Syria's regime change has huge global consequences
▼ + stars: | 2024-12-09 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +8 min

TOPSHOT - This aerial picture shows a bullet-riddled portrait of Syrian President Bashar al-Assad adorning Hama's municipality building after it was defaced following the capture of the city by anti government fighters, on December 6, 2024. Omar Haj Kadour | Afp | Getty ImagesThe dramatic toppling of Bashar al-Assad's Syrian regime at the hands of rebel forces this weekend could have far-reaching consequences for the Middle Eastern country, global alliances and markets, according to analysts. An anti-government fighter holds a weapon as he keeps position near a defaced portrait of Syrian President Bashar al-Assad, in the city of Hama after forces captured the central Syrian city, on December 6, 2024. Omar Haj Kadour | Afp | Getty Images"The rapid collapse of the Assad regime in Damascus will have repercussions well beyond Syria. Russia weakenedThe other most notable "loser" from Assad's overthrow is his ally and backer Russia, which has helped prop up Assad's regime since the start of the civil war.

Persons: Bashar al, Assad, Omar Haj Kadour, Sham, —, Holger Schmieding, Schmieding, Donald Trump, Bill Blain, Emmanuel Macron, Volodymyr Zelenskyy, Julien De Rosa, Blain, Piccoli, Tayyip Erdogan, Thaier, David Roche, Trump, Iran's, " Roche, Vladimir Putin, Louai Beshara Organizations: Afp, Getty, Berenberg Bank, U.S, United Nations, Change, United Arab Emirates, sudani, Reuters, Quantum, Russia, Russian Federation Locations: Hama's, Damascus, Russia, Syria, Iran, Syrian, U.S, Turkey, Israel, Hama, Lebanon, Europe, Elysee, Paris, Ankara, Dubai, United Arab, Gaza, Ukraine, Moscow, Hmeimim, Syria's, Tartus

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